No glitters in China’s singing of ‘bright theory’ of its economy - News Summed Up

No glitters in China’s singing of ‘bright theory’ of its economy


(TibetanReview.net, Dec29’23) – Rampant youth unemployment and plummeting marriages after three years of stringent zero-Covid policies under President Xi Jinping has derailed the growth engine that China’s economy has been over the preceding three decades or so. This month the Weibo account Weibo Finance, which has more than 1.5 million followers, issued an instruction against posting any comments “that bad-mouth the economy”, reported theguardian.com Dec 29. This is seen to be in keeping with an article published Dec 12 by China’s ministry of state security, saying there was a need to “sing the bright theory of China’s economy”. In a separate WeChat post, the ministry has said: “Various clichés intended to denigrate China’s economy continue to appear. He finds that to be a problem because while “we need to conform to the official party line” and “focus on the positive side of the economy, it’s harder to find those bright spots.”


Source: The Guardian December 29, 2023 18:09 UTC



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